Rice King vs Panda Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Rice King vs Panda Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Rice King Franchise
Panda Express Franchise
Investment $173,500 - $395,000$377,100 - $1,884,000
Franchise Fee $13,000N/A
Royalty Fee --
Advertising Fee --
Year Founded 19821983
Year Franchised 19961983
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Rice King Franchise
Panda Express Franchise
Experience --

Financing Options
 
Rice King Franchise
Panda Express Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Rice King Franchise
Panda Express Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Rice King Franchise
Panda Express Franchise
US Expansion Yes-
Canada Expansion --
International Expansion --

Company Overviews

About Rice King

The Asian Food Market is growing fast! Today, the hottest segment among Fast Food Restaurants is 'ethnic' cuisine. Among the hottest of the hot is Chinese / Japanese. There should be no surprise, considering that Chinese food has 97% awareness (1) in the United States, with a wide base of appeal across the adult population. In fact, Chinese food is so ingrained in the American culture that it is no longer considered ethnic.(2) (1) The Emerging Ethnic Foods Market. U.S. Consumer Intelligence, June 2004 (2)- Ethnic Cuisines, National Restaurant Association, 2003 Benefits 1. Stable Sales 2. Training 3. Training Management Skills 4. Co-Advertising 5. Food Distribution Channels 6. Developing New Menu Items 7. Lease Negotiations

About Panda Express

"Panda

Panda Restaurant Group operates all of our restaurants with the exception of select locations in airports, universities, military bases, hospitals, casinos, amusement parks and stadiums. We do not offer franchises at this time.